The State Bank of Vietnam (SBV) has asked the Bank for Social Policies to expand loan terms. The aim is to meet capital needs for production and business activities thus creating more jobs and improving living standards for poor households and families of policy beneficiaries.

In so doing, the Bank for Social Policies will have to increase annual credit growth rate from 18 percent to 20 percent in the 2006-2010 period to ensure that 6 million poor households will be provided with preferential loans by 2010, helping to reduce the number of poor households to 10 percent and increase their income rate by 1.45 times from 2005.